DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Wellington Shields & Co., LLC

Independent wealth managerNew York, New YorkCRD 149021SEC 801-70755websiteIAPD
Latest filing Mar 17, 2026
First filing on the tape Mar 29, 2012 · 30 filings
SEC status approved since Mar 9, 2010
RAUM
$546M
reported, Item 5.F
Discretionary
94%
of RAUM
Private clients
91%
$497M individuals and HNW
Advisors
23
registered through the firm on IAPD
RAUM per advisor
$23.7M
derived; firm RAUM over IAPD count
Employees
25
15 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
30 filings and snapshots on the tape
RAUM$546M as of Mar 17, 2026
Mar 29, 2012$229M then
HNW client RAUM$419M as of Mar 17, 2026
Mar 26, 2018$215M then
State-registered IARs (5.B.3)18 as of Mar 17, 2026
Mar 29, 20120 then
Employees (5.A)25 as of Mar 17, 2026
Mar 22, 201325 then
Private funds: no history
RAUM +16% over the last fiscal year+13% a year over threeIARs 18 to 18
Practice profile
derived from the filing of Mar 17, 2026; every figure names its basis
Archetypes, each a printed rule
  • Broker-dealer affiliated · Item 7.A.1 (broker-dealer affiliate) and at least 50 registered representatives (Item 5.B.2), or the adviser is itself a broker-dealer (6.A.1)
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$23.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
25derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.6MderivedHNW RAUM over HNW clients
Average account
$920,682derivedRAUM over accounts (5.F.2.f)
Discretionary
94%derivedof RAUM
Institutional
2.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.1derivedItem 5.A over advisors
Advisors per office
7.7derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+16%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+13%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individualsreportedItem 5.G
Wrap fee program
$244MreportedItem 5.I
Custody
$524M, 592 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • is a broker-dealer (6.A.1)
  • is an insurance broker or agent (6.A.6)
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$419M77%
  • Individuals$78.5M14%
  • Corporations and businesses$37.2M6.8%
  • Charitable organizations$10.0M1.8%
  • Pension and profit-sharing plans$1.3M0.2%
Individual clients
416reported
HNW clients
164reported
Pension plan clients
0reported
Charitable clients
n/areported
Accounts
593reported
Financial planning clients
reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$524M for 592 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.91 fund_share=0.0 institutional_share=0.02 related_bd=true related_bank=false bd_reps=19.0derived
Advisors registered through the firm
22 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Kristina Metz FurnariFlagler Beach, Fl Mar 9, 201025 y1
Deborah Beaufait GaskinsNew York, Ny Mar 9, 201037 y2
Philip Francis WalkleyNew York, NyMar 9, 201042 y1
Georges Carter BoyerPeapack, Nj Mar 9, 201041 y1
Mark Porter SperryChatham, Ma Mar 26, 201041 y1
Scott Robert PurintonHawley, Ma Mar 26, 201051 y1
Alexander Maclin CrippsChartered Financial AnalystNew York, NyMar 29, 201023 y1
Patricia Diane PowellThomasville, GaFeb 16, 201528 y2
James Edward FaheyLocust Valley, NyFeb 7, 201734 y2
Robert Kenneth OnealThomasville, GaDec 19, 201740 y0
Mark Donald PankoffNew York, NyJul 9, 201816 y1
Noel KezsbomNew York, NyOct 19, 201846 y1
Ellen PurintonShelburne Falls, MaJun 29, 202131 y0
Stephen John PortasThomasville, Ga Aug 30, 202132 y0
Anthony Joseph DapratoNew York, NySep 3, 202140 y1
Donald E ChappellNew York, NySep 10, 202117 y0
Guy Maxwell UleNew York, Ny Jan 19, 202246 y0
Timothy GaulinCertified Financial PlannerShelburne Falls, MaDec 8, 202210 y0
Joseph BarberaNew York, NyJun 6, 202310 y1
Charles Richard ThompsonNew York, Ny Jan 22, 202529 y2
William Shelton HayesNew York, NyFeb 14, 202520 y0
William Robert PurintonShelburne Falls, Ma Jul 2, 202610 y0
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 4.3% of current headcount2 left over 36 months
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Philip Michael Curcuru · Cfo/Coocontrol
    since 11/2008 · owns less than 5%
  • Thomas Waters Grant · Managing Membercontrol
    since 11/2008 · owns less than 5%
  • Paul Immo Jr Gulden · Managing Membercontrol
    since 11/2008 · owns less than 5%
  • Edward Kenneth March · Svp, Head Of Trading, Msrb Principal, Srop/Cropcontrol
    since 07/2011 · owns less than 5%
  • William Jameson Mcfadden · Ceocontrol
    since 01/2023 · owns less than 5%
  • Stephen John Portas · President, Chief Compliance Officercontrol
    since 01/2023 · owns less than 5%
  • Laurence Arthur Shadek · Managing Member/Secycontrol
    since 10/2008 · owns less than 5%
  • David Vincent Shields · Chairman/Managing Membercontrol
    since 10/2008 · owns less than 5%
  • Mark Porter Sperry · Membercontrol
    since 10/2008 · owns less than 5%
  • William Jameson Mcfadden · Elected Managercontrol
    since 10/2009 · owns 25% to 50% of Shields & Company
  • Laurence Arthur Shadek · Elected Managercontrol
    since 10/2009 · owns 25% to 50% of H.G. Wellington & Co.
  • David Larus Shields · Shareholdercontrol
    since 10/2009 · owns 25% to 50% of Shields & Company
  • David Vincent Shields · Elected Managercontrol
    since 10/2009 · owns 25% to 50% of Shields & Company
  • Joseph Nicholas Cembrola · Member Operations
    since 11/2008 · owns less than 5%
  • James Mcclenahan Shadek · Member-Sales
    since 11/2008 · owns less than 5%
Entity owners
  • Wellington Shields Holdings, LLC · Owner
    direct · owns 75% or more
  • H.G. Wellington & Co. · Owner
    indirect · owns 25% to 50% of Wellington Shields Holdings, LLC
  • Shields & Co. · Owner
    indirect · owns 50% to 75% of Wellington Shields Holdings, LLC
Related persons
Schedule D 7.A
Advisers that list Wellington Shields & Co., LLC as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
New York, Ny · principal1810
Shelburne Falls, Ma410
Thomasville, Ga401
Reading, Ma000
Offices
Schedule D 1.F, the 25 largest
  • Thomasville, GA3 employees
  • Shelburne Falls, MA3 employees
What changed
consecutive filings, newest first
  • Accounts · 524 to 593
    Mar 24, 2025 to Mar 17, 2026
  • Corporate clients · 5 to 6
    Mar 24, 2025 to Mar 17, 2026
  • HNW clients · 149 to 164
    Mar 24, 2025 to Mar 17, 2026
  • Individual clients · 365 to 416
    Mar 24, 2025 to Mar 17, 2026
  • Assets in custody · $452M to $524M
    Mar 24, 2025 to Mar 17, 2026
  • Discretionary RAUM · $431M to $511M
    Mar 24, 2025 to Mar 17, 2026
  • HNW RAUM · $380M to $419M
    Mar 24, 2025 to Mar 17, 2026
  • Individual RAUM · $62.7M to $78.5M
    Mar 24, 2025 to Mar 17, 2026
  • Non-discretionary RAUM · $40.4M to $34.8M
    Mar 24, 2025 to Mar 17, 2026
  • Pension RAUM · $847,230 to $1.3M
    Mar 24, 2025 to Mar 17, 2026
  • RAUM · $471M to $546M
    Mar 24, 2025 to Mar 17, 2026
  • Accounts · 493 to 524
    Oct 14, 2024 to Mar 24, 2025
  • Advisory employees · 16 to 15
    Oct 14, 2024 to Mar 24, 2025
  • BD registered reps · 20 to 19
    Oct 14, 2024 to Mar 24, 2025
  • HNW clients · 142 to 149
    Oct 14, 2024 to Mar 24, 2025
  • Individual clients · 341 to 365
    Oct 14, 2024 to Mar 24, 2025
  • Assets in custody · $391M to $452M
    Oct 14, 2024 to Mar 24, 2025
  • Employees · 24 to 25
    Oct 14, 2024 to Mar 24, 2025
  • Insurance-licensed employees · 4 to 6
    Oct 14, 2024 to Mar 24, 2025
  • Financial planning clients · unset to
    Oct 14, 2024 to Mar 24, 2025
  • State-registered IARs · 19 to 18
    Oct 14, 2024 to Mar 24, 2025
  • Discretionary RAUM · $371M to $431M
    Oct 14, 2024 to Mar 24, 2025
  • HNW RAUM · $322M to $380M
    Oct 14, 2024 to Mar 24, 2025
  • Individual RAUM · $55.5M to $62.7M
    Oct 14, 2024 to Mar 24, 2025
  • Non-discretionary RAUM · $37.9M to $40.4M
    Oct 14, 2024 to Mar 24, 2025
  • Pension RAUM · $427,100 to $847,230
    Oct 14, 2024 to Mar 24, 2025
  • RAUM · $409M to $471M
    Oct 14, 2024 to Mar 24, 2025
  • Accounts · 415 to 493
    Mar 22, 2023 to Mar 12, 2024
  • Advisory employees · 13 to 16
    Mar 22, 2023 to Mar 12, 2024
  • BD registered reps · 17 to 20
    Mar 22, 2023 to Mar 12, 2024
  • Corporate clients · 7 to 5
    Mar 22, 2023 to Mar 12, 2024
  • HNW clients · 125 to 142
    Mar 22, 2023 to Mar 12, 2024
  • Individual clients · 279 to 341
    Mar 22, 2023 to Mar 12, 2024
  • Assets in custody · $357M to $391M
    Mar 22, 2023 to Mar 12, 2024
  • Employees · 23 to 24
    Mar 22, 2023 to Mar 12, 2024
  • Insurance-licensed employees · 3 to 4
    Mar 22, 2023 to Mar 12, 2024
  • State-registered IARs · 16 to 19
    Mar 22, 2023 to Mar 12, 2024
  • Discretionary RAUM · $350M to $371M
    Mar 22, 2023 to Mar 12, 2024
  • HNW RAUM · $302M to $322M
    Mar 22, 2023 to Mar 12, 2024
  • Individual RAUM · $44.9M to $55.5M
    Mar 22, 2023 to Mar 12, 2024
Signals
5 dated events
  • Joseph Matthew Edwards left Wellington Shields & Co., Llc for Lpl Financial Llc (registered 2026-04-14)
    Mar 24, 2026 · Advisor changed firm · fact
  • Terence William Brogan left Wellington Shields & Co., Llc for Brogan Asset Management, Llc (registered 2025-12-03)
    Jul 1, 2025 · Advisor changed firm · fact
  • Maury Shields (Executrix) no longer on Schedule A of Wellington Shields & Co., Llc (listed 2022-10-14, absent 2023-03-22)
    Mar 22, 2023 · Control person left · inference
  • David Larus Shields (Shareholder) appeared on Schedule A of Wellington Shields & Co., Llc
    Mar 22, 2023 · Control person joined · fact
  • Steven Marc Heinowitz left Wellington Shields & Co., Llc for Quint Capital Management (registered 2022-01-18)
    Jan 19, 2022 · Advisor changed firm · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
Business email
info@wellingtonshields.comreportedpublished by the firm, firm site, Sep 15, 2026
Business email
locustvalley@wellingtonshields.comreportedpublished by the firm, firm site, Sep 15, 2026
Business email
thomasville@wellingtonshields.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
413-625-5959reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
212-320-3000reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
229-226-0020reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
linkedin.com/company/2048392reportedpublic record, Form ADV, Sep 18, 2026
Website
WELLINGTONSHIELDS.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
212-320-2000reportedpublic record, Form ADV, Mar 17, 2026
Contact form
wellingtonshields.com/contact-usreportedpublished by the firm, firm site, Sep 15, 2026
Team page
wellingtonshields.com/our-teamreportedpublished by the firm, firm site, Sep 15, 2026
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$23.7Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026